Company says it will tighten its crypto strategy and refocus on media.

Trump Media posted a $238 million loss in the second quarter and said it will overhaul its crypto treasury strategy, vowing a more disciplined approach while redirecting resources to its core media business. The company made the announcement in its quarterly report.

The size of the loss

The $238 million loss is a heavy one for the company. It didn't provide a breakdown of what drove the shortfall, and it didn't say whether the loss was tied to its crypto holdings or other operations.

A disciplined crypto treasury

Trump Media said it will revamp its crypto treasury strategy to be more disciplined. The company didn't specify what that means in practice, or which assets it holds. The shift suggests a more cautious approach to digital assets, though the company didn't say whether it's selling or holding.

Back to media

The company said it will direct more resources toward its core media business. That's a clear signal that the focus is on its main operations, not on crypto. The company didn't say how it will reallocate those resources or when the changes will take effect.